The U.S. Supreme Court has taken up the case of Collins v. Mnuchin, which will determine whether the leadership structure of the Federal Housing Finance Agency (FHFA) violates ...
Read More »Congresswoman Marcia Fudge Expected to Lead HUD
President-elect Joe Biden reportedly has selected Ohio congresswoman Marcia Fudge to lead the department. If confirmed, she would be the first Black woman in decades to serve as ...
Read More »FHA Loans Are Gaining Popularity Among Millennial Homebuyers
Interest rates on FHA loans hit new lows in October, which is driving millennials to pursue homeownership with the helped of government-backed financing. Ellie Mae’s latest Millennial Tracker ...
Read More »Janet Yellen: ‘We Must Restore the American Dream’
President-elect Joe Biden on Monday officially nominated former Federal Reserve Chair Janet Yellen as his Treasury Secretary. This is a confirmation of news reported here last week. Biden-Harris' economics-team ...
Read More »Freddie Mac Loans on Track for Big Annual Increase
The latest monthly volume report from Freddie Mac found a growing mortgage portfolio and a declining level of single-family delinquencies. Freddie Mac reported that its entire mortgage portfolio ...
Read More »Biden Taps Janet Yellen to Lead Treasury
President-Elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen as his Treasury Secretary, several news outlets report, and the Associated Press has confirmed, through an unnamed source. Yellen would be ...
Read More »Federal Economic Policy Could Push Housing Market to ‘Extremes’
The seeming disconnect between the economic tumult created by the COVID-19 pandemic and the record-high levels for the Dow Jones Industrial Average and the S&P 500 Index can ...
Read More »Availability, Equality Central to Housing Advocates’ Agenda
Housing equality—along with vanquishing systemic barriers and the creation of additional homes—is front and center for a campaign called Up for Growth Action, a 501(c)(4) federal pro-housing legislative ...
Read More »Bill Clinton Foundation Hosts Discussion of Affordable Housing
The Bill Clinton Foundation has launched a virtual conference series titled “Building an Inclusive Recovery,” in which President Bill Clinton speaks with changemakers aiming to address racial and ...
Read More »FHFA’s Final Rule for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) released a final rule to the Federal Register for publication today that establishes a new regulatory capital framework for Fannie Mae and ...
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